Bio-Based PET
Bio-polyethylene terephthalate is a thermosetting polymer that is widely used in packaging, automotive, and agriculture. Diversified applications of bio-polyethylene terephthalate in varied industry verticals is the major reason influencing the overall demand of these products across the globe. However, bio-based extraction of bio-polyethylene terephthalate leads to acidification of ground water and soil, which in turn hampers the growth of the bio-PET market.

Global Bio-Based Polyethylene
Bio based polyethylene is a thermosetting polymer, which is widely used in packaging, automotive, and agriculture industry. Diversified applications of bio-based polyethylene in various industries is the major reason behind its increasing demand across the globe. Stringent government regulations favoring use of bio-based polyethylene is also contributing to the rising demand for bio-based polyethylene. However, development of ethylene feedstocks may hamper the demand for bio-based polyethylene in coming years.